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Municipal Bond News

Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on February 26th, 2019

• Some see DC as a growing risk, primary due to the SALT which have current revenue forecasts lower than previous year, the ongoing trade war between US and China, and the most recent Government shutdown along with housing prices down.

Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on January 15th, 2019

• PR is looking to make 6B of bonds “null and void” on their GO debt. In a board meeting Monday this week, PR is asking a judge to declare the debt invalid, this would deliver a major hit to the holders of the bonds, and rock the MUNI market if this can be done.

Submitted by Tax Free Municipal Bonds/Fixed Income Specialists/DRL Group on December 4th, 2018

• Powell speaks on 11/28/2018 about the “existing frameworks for financial stability.” Trump continues to display his dissatisfaction in the current chairman as we move into the balance of this year with rising rates ahead of us.

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